Has anyone noticed used 997S prices climbing ? For three months many here have seen post after post welcoming new 2009 forum members with new cars . That is a huge change from the days of 4 percent discounts a few months prior to the "moment" .

My guess is that a lot more cars were sold and with that comes a sense of entitlement . If a a dealership sold 20+ cars that's great isn't it?
It doesn't matter much that they were discounted because at least there was volume -- something is better than nothing .

I think the next few months will pose the greatest adaptation to BOTh the seller and the buyer .

The seller --got used to selling cars . He might feel all mighty and confident .
The buyer-- got used to seeing low prices . He might feel all mighty and confident too .

The verdict --
1) it boils down to the emotional reasoning of the buyer . Will he cave in and buy the car ? Or will he remember when the economy was dropping and how he viewed expenses ?

The adjustment will not be easy on either.

Yes, these are interesting times we live in!

So, is your point that the used car supply now is lower than the used car demand therefore prices should go up? I am not sure I understand what you are suggesting.

Used car supply is high , One can pull up 75 cars in a search of a region . The ones with nice options are priced so high that it's almost as much as a new car. The rest simply lack the same level of attractiveness as in the past .

The cars sit there for months .. unsold .
Most have bought new cars . That will change if discounts are pulled and production is reduced.

There's no shortage of used cars but there is a shortage of cars that I find attractive for the dollar .

My guess is that the entire market (new and used) will climb .
I also speculate
-less people will buy
-less cars will sell .

In short -- a quiet phase as buyer and seller face the change.

So, I do see your point. I searched a while a lot of used cars and found the quality to be below what I expected, the options to be not what I wanted and the color to be not my first choice. THen I found the car I bought. I took a while. Could I have bought a left over 09? Sure, but I still didn't want to spend the premium over the 06 with 21K miles. So, for me, used was fine but it took a long time to find the options I wanted in the color I wanted. BTW - It is CPO so that adds a lot to my confidence in buying used. I have had the car now for 2 months and driven it about 1300 miles. I am very happy.

155 -
You got lucky and it took a lot of searching . I can think of one or two others recently who bought used cars that were real nice but compared to months ago the used market has shifted . Ironically back then .. when used cars wee selling like hot cakes , new car were not being heavily discounted , and the inventory of new cars overflowed .

If I were looking today I agree, I would probably look for new for two reasons, the new car discounting and the fact that the used cars with the right options and color are very far and few between. - not to mention that you also have to find a used car with a DME you can live with.

Initially I was looking for a used '08 or '09 CPO car, and I found an '09 I liked. The dealer didn't want to work with me on the price so I continued to look around and I bought a new '09 (equipped about the same) for less then the used one, about $1500 less. Worked for me.

This is a timely discussion for me as I'm considering whether going for '06-'08 C2S is more viable option then '09.
I have to get rid of my CS first and there are fewer and fewer '09 left on the lot.

SAN FRANCISCO (MarketWatch) -- Porsche (POAHF 77.75, -0.80, -1.01%) said Thursday that U.S. September sales rose 8.4% to 1,581 vehicles from 1,458 a year ago. Combined Boxster and Cayman sales rose to 326 vehicles from 195 last year, and 911 model sales rose to 720 units from 516. Cayenne sales declined to 535 vehicles from 747 last year.

Cool, I have equity already

Turbo Time!

Larry - it's probably down to the wonderful job you're doing promoting this subject!!

Alister

It's funny how the numbers don't tell the truth on the surface and paint a rosy picture. Look we sold more cars! (shh don't tell anyone we gave them away!)

Of course not. These releases and #s are there to prop up investors.

I'll take issue (just to promote the discussion) with your hypothesis that both sellers and buyers are each seeing significant change (selling more/lower prices). I'm no economist (though my son is) but the latter presumes that there is efficient communication among buyers. I'll accept that there is among 6Speed members, but among the Porsche-buying masses, they've briefly seen low financing, but not the details of the discounts that we've been watching so closely. The dealers however have access to every bit of nation-wide info, and are likely seeing the details of the uptick in volume, demand and pricing.
The short of it, depending on the economy and the production volume in Germany of course, that prices will continue to rise.
I will note, as I've speculated before, that Porsche is in a precarious situation and the VW rescue can only forestall but not prevent a potential collapse. With a narrow range of cars, and a business that is neither high volume (e.g. Toyota) nor exclusive (e.g. Ferrari), the 'law of the excluded middle' is likely to prevail.